RealTime IT News

Today's Deals: Keynote Lands Red Alert + WiseAds, Internet Law Library + Compass Data Systems, Keynote + Red Alert, +, Vertical Markets + Nextracom

 Keynote (KEYN) acquires Red Alert


   *  Amount:         $15 million


   *  Terms:            100% cash

   *  Premium:        n/a


   *  Industry:        Internet services


   *  Scorecard:      B


    SAN MATEO, Aug. 18--Keynote announced the acquisition of Red Alert, a privately-held company based in Dallas, Texas that is a provider of Web site accessibility monitoring for e-businesses worldwide. The acquisition strengthens Keynote's leadership position with immediate ability to market and sell its services to Red Alert's corporate customers interested in measuring, assuring and improving e-commerce quality of experience. The purchase price is $15 million paid in cash, with additional cash of up to $10 million based upon the successful achievement of certain performance goals.

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